The Shadow Summit: What's at Stake in Bessent's Talks with China Treasury Secretary Scott Bessent's meeting with Chinese Vice Premier He Lifeng has been billed as a preparatory session for the high stakes summit between Presidents Trump and Xi Jinping.
However, this encounter is about more than just laying groundwork – it's about navigating the complex web of economic interests that underpin the US China relationship.
Bessent acknowledged in his social media post that these talks are aimed at advancing America's economic interests.